TR 63, BANDAR CHENEH BARU

Area Intelligence
2024
Median Price
RM 171,000
PSF: RM 23

Residential PSF Trends

Median Price

RM 171,000

PSF: RM 23

TR 63, BANDAR CHENEH BARU in Kemaman, Terengganu recorded 5 subsale transactions in 2024, with a median price of RM 171K and a median price per square foot (PSF) of RM 23.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 171K, with most transactions falling within a stable range of RM 142K to RM 179K, and a typical market range of RM 143K to RM 179K.

Most transactions involved detached, with minimal variety in property types.

The median PSF stands at RM 23, with core pricing between RM 18 and RM 28. Market pricing typically extends from RM 19.25 to RM 26.75, reflecting moderate variation in unit pricing. The spread of RM 7.50 (IQR) and deviation of RM 5 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TR 63, BANDAR CHENEH BARU, Kemaman, Terengganu

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Transactions

5 transactions grouped by size

5,850 sqft
Bungalow
RM 176,000
BANDAR CHENEH BARU
5,845 sqft · RM 30 PSF
6,350 sqft
Bungalow
RM 100,000
BANDAR CHENEH BARU
6,329 sqft · RM 16 PSF
6,700 sqft
Bungalow
RM 150,000
BANDAR CHENEH BARU
6,706 sqft · RM 22 PSF
6,900 sqft
Bungalow
RM 171,000
OFF JALAN JERANGAU / JABUR
6,878 sqft · RM 25 PSF
7,750 sqft
Bungalow
RM 179,000
JALAN MERSAWA
7,750 sqft · RM 23 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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